21shares Launches LIT and VVV ETPs as Token Prices Rebound

21shares has introduced Lighter (LIHT) and Venice Token (VENC) ETPs on European exchanges, each charging 2.50% annually. Issuer data show $100,000 in LIHT assets and $1.3 million in VENC assets at inception, figures that do not establish subsequent investor inflows. Both underlying tokens have substantial derivatives activity, while their economic models depend on different sources of demand. 21shares has brought two unconventional cryptocurrency investments to European exchanges, but its new Lighter and Venice products come with an important trade-off: investors pay 2.50% annually for token exposure without necessarily receiving the economic benefits available through direct protocol participation.

Source: ETHNews